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Pharmacists Blame FG, NAFDAC for Soaring Drug Prices, Demand Urgent Reforms

  The Pharmaceutical Society of Nigeria (PSN), Lagos State branch, has accused the Federal Government and the National Agency for Food and Drug Administration and Control (NAFDAC) of worsening the drug pricing crisis in the country, despite recent policy interventions aimed at reducing costs.   In a statement made available Chairman, Oyekunle Babayemi, described President […]

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Ibadan Ready for Coronation of 44th Olubadan

The committee responsible for organizing the coronation of Oba Rashidi Adewolu Ladoja as the 44th Olubadan of Ibadan held its inaugural meeting on Monday. Chaired by Chief Bayo Oyero.   The meeting was attended by the Commissioner for Local Government and Chieftaincy Matters, Demola Ojo, among others.   A one-week program of activities has been […]

Lagos State Government Dislodges Illegal Street Traders in Victoria Island

The Lagos State Government has carried out a major enforcement operation to dislodge illegal street traders operating along Bishop Oluwole Street in Victoria Island, as part of its renewed campaign to restore order in the city’s commercial and residential corridors. The enforcement, which took place on Monday, was executed by officials of the Lagos State […]

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PRESIDENT TINUBU CONGRATULATES EKO CLUB INTERNATIONAL ON 25TH ANNIVERSARY

STATEHOUSE PRESS RELEASE   President Bola Ahmed Tinubu extends warm congratulations to the leaders and members of Eko Club International (ECI), the premier global organisation of Lagos indigenes, as it marks its 25th anniversary this month.   President Tinubu, who inspired the founding of ECI during his time in exile, commends the club’s members for […]

Nigerian Government Welcomes Conviction of Simon Ekpa, Pro Biafra Agitator in Finland as Justice Well Served

The Federal Government of Nigeria has reacted positively to the conviction of Simon Ekpa, a Finland-based Nigerian and self-acclaimed Biafra agitator, describing the judgment as a long-awaited step towards justice and accountability. On Monday, the Päijät-Häme District Court in Finland sentenced Ekpa to six years in prison after finding him guilty of participating in the […]

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FG Opens September Savings Bonds at 16.54%

The Federal Government has opened subscription for its September 2025 Federal Government Savings Bonds with interest rates peaking at 16.541 percent per annum.   The Debt Management Office (DMO), in a statement released on Monday, said the 2-year bond, maturing on September 10, 2027, will be issued at 15.541 percent, while the 3-year bond, maturing […]

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From Spare Parts to Car Giant: Innoson Motors’ Inspiring Journey

From a modest spare parts business in Nnewi, Anambra State, to the establishment of Africa’s first indigenous car manufacturing company, the story of Innoson Motors is one of resilience, vision, and determination.   Founded by Innocent Ifediaso Chukwuma, the company began in the 1980s as a motorcycle spare parts enterprise before expanding into motorcycle assembly. […]